FATTENING WALL STREET — Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. The New Religious Wars Over the Environment: Joyce Nelson charts the looming confrontation between the Catholic Church and fundamentalists over climate change, extinction and GMOs; A People’s History of Mexican Constitutions: Andrew Smolski on the 200 year-long struggle of Mexico’s peasants, indigenous people and workers to secure legal rights and liberties; Spying on Black Writers: Ron Jacobs uncovers the FBI’s 50 year-long obsession with black poets, novelists and essayists; O Elephant! JoAnn Wypijewski on the grim history of circus elephants; PLUS: Jeffrey St. Clair on birds and climate change; Chris Floyd on the US as nuclear bully; Seth Sandronsky on Van Jones’s blind spot; Lee Ballinger on musicians and the State Department; and Kim Nicolini on the films of JC Chandor.

Oligarchs at the Gate

The election of the next puppet president of the “world’s only superpower” is about two and one-half months off, and what are the campaign issues? There aren’t any worthy of the name.

Romney won’t release his tax returns, despite the fact that release is a customary and expected act. Either the non-release is a strategy to suck in Democrats to make the election issue allegations that Romney is another mega-rich guy who doesn’t pay taxes, only to have the issue collapse with a late release that shows enormous taxes paid, or Romney’s tax returns, as a candidate who advocates lower taxes for the rich, don’t bear scrutiny.

What are Romney’s issues? The candidate says that his first act will be to repeal Obamacare, a program that Romney himself first enacted as governor of Massachusetts. This will cost Romney political contributions from the insurance industry,

which is thankful for the 50 million new private insurance policies that Obamacare, written not by Obama but by the private insurance companies, provides at public expense. It is not to the insurance industry’s benefit to have a single payer system like other western countries.

Romney’s other issue is to blame Obama for America’s unemployment caused by the offshoring of the US economy by Republican corporate CEOs. In order to enhance their compensation packages, the Republican CEOs sent millions of America’s best jobs to India, China and elsewhere. The lower cost of labor in these offshore sites means much higher earnings, which drives up share prices for shareholders and drives up performance bonuses for management, while wrecking US employment, GDP growth and tax base and driving up the deficit in the balance of payments.

America’s main economic problem–the relocation of the US economy offshore–is not a campaign issue. Therefore, the US economy’s main problem will remain unaddressed.

The real issues can nowhere be found in the campaigns or in the media. There is no mention of the Bush/Obama destruction of the US Constitution and its legal protections of citizens from arbitrary government power. Due process no longer exists for anyone who the executive branch suspects of being connected in any way to Washington’s chosen enemies. US citizens can be thrown into dungeons for life on suspicion alone without any evidence ever being presented to a court, and they can be executed any place on earth, along with whoever happens to be with them at the time, on suspicion alone.

Last May federal district court judge Katherine Forrest ruled that indefinite detention of US citizens is unconstitutional and issued an injunction against the Obama regime using this police state measure in the National Defense Authorization Act (NDAA). The Obama regime gave the federal judge the finger. During the week of August 6-10 the Justice (sic) Department’s Brownshirt lawyers refused to tell Judge Forrest if the Obama regime is complying with the injunction. The position of the Obama regime is: “we are above the law and do not answer to federal courts.” One would think that Romney would be all over this, but he isn’t because he wants the power himself.

The Obama police state will shop around and find a federal appeals court dominated by Republican Brownshirt judges and get Judge Forrest’s ruling overturned. All those Republican federal judges we had to have to save us from liberal Democrats will now complete our deliverance to a total police state where all power rests in an unaccountable executive branch.This is what the Republican Federalist Society has wanted for years, and they are on the verge of obtaining it.

That the United States has degenerated into a police state in the short period of ten years should be the campaign issue. Who would ever have thought such a thing possible. Yet, there is no mention of the destruction of the rule of law in the name of a hoax “war on terror.”

The Bush regime created the propaganda that “they (Muslims) hate us for our freedom and democracy,” but how can Muslims hate us for what does not exist? The arbitrary unaccountable power asserted by the executive branch is totally incompatible with freedom and democracy. Yet, neither Obama nor Romney makes this an issue. And neither does the media.

There is no war on terror. There is war on countries that are not Washington’s puppet states. Unaccountable Washington is currently slaughtering thousands of Muslims in a variety of countries and is preparing Syria as its next holocaust. Washington, taking advantage of the splits between Sunnis and Shi’ites and between Islamists and secular Muslims, has organized a rebellion in Syria in order to overthrow a government that is not a puppet of Washington and Israel.

Among the foreigners streaming into Syria to overthrow the secular state in which Sunni and Shia Arabs have lived peacefully, are the Islamist extremists that Washington has squandered $6 trillion fighting for 11 years. The extremists are on Washington’s side. They want the secular Syrian government overthrown, because it is not an Islamic government.

This suits Washington’s policy, so now the taxes extracted from hard-pressed Americans are flowing to the Islamists that Americans have been fighting.

Speaking before the Council on Foreign Relations on August 8, Obama’s national security aid John Brennan defended the diversion of American taxpayers’ money to the outside forces Washington has organized, financed and provided with military weapons to overthrow the government of Syria. John Brennan said, with a straight face, that the Obama administration is careful that the financial and military aid does not go to the rebels affiliated with al Qaeda. Brennan has to make this claim, because the Obama regime, being in cahoots with al Qaeda, is in violation of its own NDAA and is subject to arrest and indefinite detention.

Does anyone believe that Washington, determined to overthrow the Syrian government, is refusing to arm the most effective part of the fighting force that is involved? Is there anyone so naive not to know that military aid to “rebels” is fungible?

Having suffered damage to its superpower reputation by being fought to a standoff by a few thousand al Qaeda in Iraq and Afghanistan, Washington learned that the trick was to employ al Qaeda not as an enemy but as an ally.

The test case was in Libya, where the US-al Qaeda alliance worked to overthrow the Libyan government. The advantage for Washington is that Libya is now beset by warring factions and is no longer a country that could get in Washington’s way.

Libya is the roadmap for Syria.

Syria made its mistake when it thought it could pacify Washington by taking Washington’s side in the first war against Iraq, thus confirming for Washington that Arabs are incapable of sticking together and thus are an easy mark to be overthrown.

If Syria falls, Washington will have murdered yet another nation. But this is not a part of the presidential debate. Both candidates agree that Washington should prevail in establishing a puppet state in Syria. Even Amnesty International has been suborned and lends its influence to the demonization of the Syrian government. Only the US is moral, indispensable, virtuous, humane, a light upon mankind. By definition, any opponent chosen by Washington is debauched, evil, sinful, a country that suppresses dissent and tortures its opponents, something Washington would never do, being, of course, the “light unto the world.”

Unlike the 1957 plot by British Prime Minister Harald Macmillan and US President Dwight Eisenhower to foment an “uprising” in Syria and assassinate the Syrian leadership (see http://globalresearch.ca/index.php?context=va&aid=32254 ), the Obama administration cloaks its intervention in humanitarian language, as do the rebels while they murder and execute civilians who support the Assad government. The presstitute western media describes the mayhem and murder as “humanitarian intervention,” and the brainwashed western public reposes in its moral superiority.

After Syria is destroyed, the last independent country in the region is Iran. Iran has also been weakened, not by Washington’s embargo, an act of war in itself, but by Washington’s financing of the “Green Revolution.” Iran now has a fifth column within itself.

Iran, the second oldest country after China, is now surrounded by 40 or more US military bases and is confronted by four US fleets in its own Persian Gulf.

There is a large number of nominal Muslims interested only in money and power who are working with Washington to overthrow the Syrian and Iranian governments.

If Iran falls, with both Russia and China surrounded by US missiles and military bases, the world as we know it will enter its final stage. Will Russia and China, having sacrificed all their buffers without a fight, surrender and be content to be ruled by puppet governments, or will they resist?

Don’t expect the packaged political campaign of the next couple of months to deal with any significant issue. Americans are oblivious of their fate, and so apparently is the rest of the world.

The selection of the next president of the US will depend on one thing alone–which of the two candidates financed by the ruling private oligarchy has the most effective propaganda.

Whether you vote Republican or Democrat, the oligarchs will win.

Paul Craig Roberts is a former Assistant Secretary of the US Treasury and Associate Editor of the Wall Street Journal. His latest book, Wirtschaft am Abgrund (Economies In Collapse) has just been published.